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0.00935483870967751 -0.0158064516129032 -0.0606451612903225 -0.0302225806451612 -0.0599096774193548 -0.0564516129032258 -0.042816129032258 -0.0377967741935483
Stock impact report

Grocery Outlet Holding Corp. Announces Pricing of its Initial Public Offering

Grocery Outlet Holding Corp. (GO) 
Last grocery outlet holding corp. earnings: 3/24 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
EMERYVILLE, Calif., June 19, 2019 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (“Grocery Outlet”) today announced the pricing of its initial public offering of 17,187,500 shares of its common stock at $22.00 per share. Shares of Grocery Outlet’s common stock are expected to begin trading on The Nasdaq Global Select Market on June 20, 2019 under the symbol “GO,” and the offering is expected to close on June 24, 2019, subject to customary closing conditions. Grocery Outlet has granted the underwriters a 30-day option to purchase up to an additional 2,578,125 shares of its common stock at the initial public offering price less the underwriting discount. Grocery Outlet intends to use the net proceeds from the offering to repay the term loan outstanding under its second lien credit agreement and any remainder to repay a portion of the term loan outstanding under its first lien credit agreement. The offering is being made through an underwriting group led by BofA Merrill Lynch, Morg Show less Read more
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